Economic Mobility Project
Reports and Research

Human Capital

Human capital includes such individual attributes as education and health-the skills and personal traits that seem to cause some people to be able to take greater advantage of economic opportunities open to them. Like social capital, human capital rarely operates in a vacuum; it interacts with other factors in helping to explain different patterns of economic mobility. Human capital indicators include parents' educational attainment, child's educational attainment, interactions between health and the economy, individuals' generational health status and health insurance, among others.

In today's economy, a child's educational attainment strongly influences his or her earnings and is a strong determinant of economic mobility. However, the likelihood that individuals will earn a college degree depends on a number of factors outside the individual's control, most notably their parents' educational level and family income, their race and sex. Health is also an important consideration in one's mobility - poor health can negatively impact long-term earnings and thus economic mobility, particularly if it causes interruptions or limitations during the critical years of education and employment.

 

 

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